Good reported salse on dnj

[websaway]

redwave.co.uk $4830
musicexpress. $3500
livingstone.co.uk $3000
gcn.co.uk $4023
hoteldeal.co.uk $7500
dailydeals.co.uk $55000
ansa.co.uk $4200
goodgame.co.uk $5500
goodgames.co.uk $5500
thecollection.co.uk $4000
accountingfirms.co.uk $1500
snowgear.co.uk $1450
homemanagement.co.uk $1390
softcodes.co.uk $2500

Courtesy of DNJournal

 

[AssetDomains]

DailyDeals.co.uk at $55,000 is very nice

 

[Nigel]

Thanks for posting those very encouraging sales. Perhaps there's some life returning to the .co.uk market - maybe in anticipation that nominet will soon end the uncertainty that's been hanging over the market. Have to say that a few of those domains are pretty average - i.e. wouldn't be on our 'must renew' list if we had them - yet have achieved quite astounding sums. Think it might be time to re-evaluate our renewal procedures if an upturn is in the air.

 

[Brassneck]

Thanks for posting those very encouraging sales. Perhaps there's some life returning to the .co.uk market - maybe in anticipation that nominet will soon end the uncertainty that's been hanging over the market. Have to say that a few of those domains are pretty average - i.e. wouldn't be on our 'must renew' list if we had them - yet have achieved quite astounding sums. Think it might be time to re-evaluate our renewal procedures if an upturn is in the air.

Just wish some of those types of buyers would head my way! As Nigel says some of those seem pretty average.

 

[websaway]

For me none of these sales shock
Neither the price or the quality of the names.
Take each name in isolation and analyze it and you will see they have all got inherent value of one kind or another.
No long tails.

 

[Paullas]

Has anyone on here (acorn) used and had success with DNS.

 

[Brassneck]

For me none of these sales shock
Neither the price or the quality of the names.
Take each name in isolation and analyze it and you will see they have all got inherent value of one kind or another.
No long tails.

Agree they have potential but don't we all hold loads of similar names with potential and the sales rate is tiny - maybe 1 per cent per year or less. There are 6 or 7 on that list at least that if I were to try to sell on here for £5 then nobody would have seen the potential even at reg fee (e.g. redwave.co.uk, musicexpress.co.uk, ansa.co.uk).

 

[websaway]

Agree they have potential but don't we all hold loads of similar names with potential and the sales rate is tiny - maybe 1 per cent per year or less. There are 6 or 7 on that list at least that if I were to try to sell on here for £5 then nobody would have seen the potential even at reg fee (e.g. redwave.co.uk, musicexpress.co.uk, ansa.co.uk).

I said on another thread that a domain is like a life jacket, the value becomes apparent when you need it.

Most four letter domains ending with "A" could have potential value.
Redwave I assume the potential is in branding, it's short, and logo friendly.
Musicexpress if unencumbered has obvious brandable qualities.

The skill involved in what domains one holds is what dictates the degree of success,
and as everyone knows that applies to anything that is traded.

 

[Sam]

Yes they are average but the right buyer you get the right price

Just wish some of those types of buyers would head my way! As Nigel says some of those seem pretty average.

 

[websaway]

Leaving out the high sale domain at $55k


13 domains at a very rough average of £2400


Recent events have cast a shadow over the uk domain space, but in a fair market these prices match up well to the standard of names and are about right.

 

[websaway]

Agree they have potential but don't we all hold loads of similar names with potential and the sales rate is tiny - maybe 1 per cent per year or less. There are 6 or 7 on that list at least that if I were to try to sell on here for £5 then nobody would have seen the potential even at reg fee (e.g. redwave.co.uk, musicexpress.co.uk, ansa.co.uk).

If I'm reading you correctly
Say you have 8000 domains and sell 1% per year = 80 sold names
x by say £2400 average sale price = £192000 per year in gross sales.

 

[Brassneck]

If I'm reading you correctly
Say you have 8000 domains and sell 1% per year = 80 sold names
x by say £2400 average sale price = £192000 per year in gross sales.

Yes except the selling price on average is nearer low XXX. The reported sales are skewed towards top end - so the mean price is much lower. Don't have exact figures but average UK sale on Sedo is low to mid XXX from memory and that's probably skewed towards higher end.

If I hold 8000 names it costs me £20k to hold renew them annually. To break even with 1 per cent sale rate I would have to sell each for minimum of £250 just to break even (before taking account of any selling costs and all the time I spent building the portfolio). Probably need to be getting up to £500 minimum sales which I think is not really achievable at moment for those kinds of names week in, week out.

Stephen.

 

[websaway]

Yes except the selling price on average is nearer low XXX. The reported sales are skewed towards top end - so the mean price is much lower. Don't have exact figures but average UK sale on Sedo is low to mid XXX from memory and that's probably skewed towards higher end.

If I hold 8000 names it costs me £20k to hold renew them annually. To break even with 1 per cent sale rate I would have to sell each for minimum of £250 just to break even (before taking account of any selling costs and all the time I spent building the portfolio). Probably need to be getting up to £500 minimum sales which I think is not really achievable at moment for those kinds of names week in, week out.

Stephen.

I don't wish to state the obvious but the degree of success, naturally, will be decided by the quality of domains.
A little bit like the difference between dealing in antiques or collectibles.
Collectibles is often a name for second hand rubbish.
Genuine antiques have an inherent value that, whether sold or not is an asset rather than a liability.

When you look to sell a name ask yourself is this name going to be an asset to the company I am pitching.
If you sell a name for 5k will that name add value to the company? It's by asking that question you hone your own skills.

 

[Brassneck]

I don't wish to state the obvious but the degree of success, naturally, will be decided by the quality of domains.
A little bit like the difference between dealing in antiques or collectibles.
Collectibles is often a name for second hand rubbish.
Genuine antiques have an inherent value that, whether sold or not is an asset rather than a liability.

When you look to sell a name ask yourself is this name going to be an asset to the company I am pitching.
If you sell a name for 5k will that name add value to the company? It's by asking that question you hone your own skills.

I admire your optimism but is this based on sales you have made? Those dnj sales are random top end events - in my opinion they don't represent how most businesses value domains. I have sold hundreds, if not, thousands of domains to end users and XXXX sales for most of what is reported are low frequency events, not the norm.

 

[websaway]

I admire your optimism but is this based on sales you have made? Those dnj sales are random top end events - in my opinion they don't represent how most businesses value domains. I have sold hundreds, if not, thousands of domains to end users and XXXX sales for most of what is reported are low frequency events, not the norm.

I don't think I can tell you anything you don't already know.
but things to consider are

All industries are evolving and changing at a faster rate than ever, so anything that is what you expect it to be today may not be the same next year.

It is easier to sell one high value quality name than 40 names at £250 ( unless you are a portfolio seller )

A business will naturally value a name by what it can do for them, not what the sale price will do for the seller, and you have to question is it worth the effort of trying to convince them of the value for a sale of maybe only £250.

Quality name portfolio owners know the value of their names and will not panic sell, so the market currently is mostly in lower priced domains.

 

[Leo98]

After all said and done no one can dispute the fact that was a great week for UK sales. More please is what I say

 

[cc976a]

These are 14 out of the hundreds of thousands to millions up for sale across multiple platforms.

I have a few that to end users I could see valued at similar prices, and have them for sale at the domain, Sedo and my own platform - but like most waiting for those users to come searching.

Had reasonable success in contacting businesses direct but time spent is high and then becomes counter productive for £xxx sales.

These always feel like bonus ball lottery winners than repeatable business models

 

[Brassneck]

These always feel like bonus ball lottery winners than repeatable business models

Yes - think that is a good analogy.

 

[Retired_Member38]

Agree they have potential but don't we all hold loads of similar names with potential and the sales rate is tiny - maybe 1 per cent per year or less. There are 6 or 7 on that list at least that if I were to try to sell on here for £5 then nobody would have seen the potential even at reg fee (e.g. redwave.co.uk, musicexpress.co.uk, ansa.co.uk).

I didn't check the others but 2 minutes on Google shows me there are multiple things/companies called red wave... that alone surely puts value in the emd.co.uk?

 

[Retired_Member39]

I don't think i will be using Domainlore to sell as much for the time being due to the state of the .uk market overall. Although i have been happy with a few sales, there have also been a couple of sold domains i wasn't exactly doing star jumps about, one domain sold for half of what i would of put a reserve at, had i put a reserve on it, you live and learn i suppose.